Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.

Banks are the new nuclear weapon. If they explosed they create more damages over the world than any bomb.
problem is that they know it and they use it as a dissuasive threat to force gvt decisions.
All the bank must be fully control by GVT as they are creating money. Leaving them this right is like to give the house key to the robber.
as the only important economic factor are productions cie for the wealth of peoples banks must be there only for the fluidity fo capital and not creating any money.
But they are too strong having poins in the system to just suck the entire world.
Even in my country, many activity shops closed down and replace by banking agency. They’re like an economic cancer, spreading their parasite metabolism and suck the entire system.
We don’t need them this way.
They must be all public. Simple.

Disclaimer: All data and information provided on this site is for informational purposes only. Creditwritedowns.com is not a financial advisor, and does not recommend the purchase of any stock or advise on the suitability of any trade or investment. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.